Millennium Space Systems started construction on Phase-3 of its manufacturing and production plan, building out an additional 35,000 square feet at its existing spacecraft factory in El Segundo, California.

Located two miles south of LAX and adjacent to the Los Angeles Air Force Base and the Aerospace Corporation, the expansion, anticipated to be completed by mid-summer of this year, also encompasses additional space to broaden the company's existing onsite mission operations, rapid prototyping, internal research and development laboratories and high-tech workspace.

Stan Dubyn, Millennium's Chairman/CEO, said, "with this Phase-3 facility expansion, we're putting into place the additional manufacturing & production processes and infrastructure to build hundreds of satellites each year.”

“We just hit our second year at the new spacecraft factory – this next big step adds to our capacity to continue designing, manufacturing, testing, delivering, and operating a wide range of satellites and components from our ALTAIR and AQUILA platform lines,” he added.

Financing for the latest expansion is provided by Community Bank. Added Matt Roberson, Vice President and Senior Relationship Manager for Community Bank, "We are grateful to have been selected by Millennium Space Systems to serve as their partner as they embark upon this expanded endeavor."